Public hearings into Eskom’s proposed tariff hike underway

The power utility wants to recover almost R23 billion spent during the 2013/14 financial year.

FILE. Spokesperson Khulu Phasiwe says the money was mainly used to avoid or minimise load-shedding. Picture: Reinart Toerien/EWN

CAPE TOWN - Public hearings into Eskom's request for a tariff hike have begun in Cape Town.

The power utility wants to recover almost R23 billion.

Eskom says the R22.8 billion it wants to recoup was spent during the 2013/14 financial year.

Spokesperson Khulu Phasiwe says the money was mainly used to avoid or minimise load-shedding.

"The regulator will check if we've prudently used their money and if satisfied we'll get the money back."

The National Energy Regulator of South Africa (Nersa) is expected to make a decision on whether or not to allow Eskom to hike its tariffs by late February.